Desjardins lays off nearly 400 employees

Desjardins Group laid off nearly 400 employees last week in a difficult context for the job market in the banking industry.

The financial cooperative confirmed the news first reported by the Montreal Journal. Employees are located in Montreal and Lévis.

Desjardins explains this decision by the difficult economic context which requires “prudent management”. The cooperative emphasizes that it has made significant investments in recent years.

Further details will follow.

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